Lender profile · HMDA 2023–2025
Park State Bank mortgage approval rates & lending data
Park State Bank decided 404 mortgage applications and funded 337 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 80% | 160 / 201 | 100% | $215K | 160 |
| Cash-out refinance | 86% | 24 / 28 | 100% | $145K | 24 |
| Refinance | 79% | 22 / 28 | 91% | $95K | 20 |
| Investment property purchase | 98% | 97 / 99 | 97% | $225K | 94 |
Park State Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 85% | $185K | 393 | 329 |
| Arizona | 100% | $385K | 3 | 3 |
| Florida | 100% | $345K | 3 | 3 |
| Texas | 0% | — | 2 | 0 |
| Wisconsin | 100% | $335K | 2 | 2 |
| Tennessee | 0% | — | 1 | 0 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.